Hints and tips:
Related Special Reports
...Robert Gordon’s The Rise and Fall of American Growth, which argued that the age of disruptive technology was over, came out around the same time....
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...First, as I have argued in my pieces about Uber, is that stock-based compensation creates a strong bias in favour of stock buybacks....
...So a small decrease in reserve quantities could send banks scrambling for cash, and push the federal funds rate up....
...major sanctions by a North American sports league after a 2018 US Supreme Court ruling struck down a federal ban on sports wagering, paving the way for adoption of the industry....
...This shouldn’t be a shocking development, as Powell expressed concern about the potential downsides of the proposal when it was first released....
...However, the bill was blocked by a federal judge in November before it was due to go into effect on January 1. Montana is appealing against the decision....
...TGI Fridays — short for Thank Goodness It’s Friday — began in New York in 1965, and opened its first UK restaurant in Birmingham in 1986....
...(Nowadays, federal land surveying is dictated by a 500-page technical manual.)...
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...Tesla is cutting more than 10 per cent of its workforce — at least 14,000 jobs — as a worldwide EV slowdown and brutal price war hit the American automaker....
...The NBA said the Porter investigation is ongoing and it will “continue to share information with federal prosecutors about this matter”....
...Brazil and Mexico raised rates in the first half of 2021, while Chile, Colombia and Peru followed later that year. The US Federal Reserve and the European Central Bank did not raise rates until 2022....
...The positive data will also be a boon to Eli Lilly’s efforts to push for more widescale coverage of the drugs by private insurers and US federal health insurance programme Medicare, which were both initially...
...Would-be homebuyers who have been dreaming of Federal Reserve rate cuts might need to dial down their hopes....
...“Less oil and natural gas from federal lands means fewer jobs for Americans and, almost certainly, more money to the Middle East, Venezuela, Russia and Iran,” said Barrasso....
...In fact, from the end of October through the first week of January, growth stocks and value stocks performed about equally well. Why has value kept pace up until recently?...
...Its US business delivered its first full year of profitability last year....
...Soumaya Keynes responds Hi Ed, First, I enjoyed your assessment that economists don’t know anything. Let’s keep expectations at that level, please....
...And here’s what else I’m keeping tabs on today: Federal Reserve: Governor Christopher Waller will deliver remarks about the economic outlook before the Economic Club of New York....
...With the arrival of spring comes a gift to American capitalism and the American dream: the end of de facto fixed six per cent realtor commissions on home sales....
...First-quarter earnings suggest 2023 may be as good as it gets when it comes to NII and net interest margins. At Wells Fargo, first quarter NII came in 8 per cent lower compared with a year earlier....
...It is the first antitrust challenge against Apple under Biden’s administration, which is pursuing antitrust cases against some of the biggest Silicon Valley companies....
...Times first asked the question....
...The largest US banks are set to earn higher profits from their lending businesses than expected this year as it becomes more likely that the Federal Reserve will make only modest cuts to benchmark interest...
International Edition